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Consumer and Market Insights: Syrups and Spreads Market in Hungary

  • February 2016
  • -
  • GlobalData
  • -
  • 59 pages

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Summary
Strong economic growth along with the presence of a large young working population is driving the demand for consumer packaged goods in Hungary. Jams, Jellies and Preserves is the leading category in value terms while the Molasses category is forecast to register the fastest growth during 2015-2020. The demand for private label Syrups and Spreads products is growing at a faster pace than brands in Hungary.

Key Findings
- The Syrups and Spreads market in Hungary will register higher growth both in value and volume terms during 2015-2019 compared to 2010-2015

- The Molasses category will register the fastest growth at a CAGR of 2.3% during 2015-2019

- Hypermarkets and Supermarkets is the leading distribution channel in the Hungarian Syrups and Spreads market

- Private label products account for significant share in the Syrups and Spreads market in Hungary.

Synopsis
Canadean's Consumer and Market Insights report on the Syrups and Spreads market in Hungary provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

- Market data: Overall market value and volume data with growth analysis for 2010-2020

- Category coverage: Value and growth analysis for Syrups, Molasses, Sweet Spreads, Jams, Jellies and Preserves and Savory Spreads with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

- Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

- Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more

- Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for glass, rigid plastics, rigid metal and others; container data for: jar, tub, bottle and others.

Reasons To Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities

- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning

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